Assets · Capital Assets
1230 Capital Assets – Infrastructure
Since 2026.03
- What it is
- Capital assets – infrastructure includes long-lived public systems such as streets, sidewalks, sewer and water systems, and storm drains.
- Accounting standard
- Infrastructure is capitalized and depreciated unless the modified approach is used and required condition/maintenance criteria are met.
- Accounting note
- Track by system; document depreciation or modified approach condition assessments and maintenance spending.
- Examples
- Street pavement; water mains; sewer collection system; storm drains.
- Do not use for
- Buildings (1110).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 40 R04 Capital assets: InfrastructureCAP_ASSET_INFRASTRUCTURE Government-wide item; record in the conversion ledger (980). |
| Government-wide ledger (980) | Form 40 R04 Capital assets: InfrastructureCAP_ASSET_INFRASTRUCTURE Government-wide item; record in the conversion ledger (980). |
| Enterprise funds (water example) | Form 38 R18.5 InfrastructureENT_INFRA Enterprise or internal service column. |
| Internal service funds | Form 38 R18.5 InfrastructureINT_SERV_INFRA Enterprise or internal service column. |
| Fiduciary funds (pension trust example) | Form 39 R15.6 Other Capital Assets Net of DepreciationPEN_OTHER_EE_BEN_TRUST_CAP_ASSETS_NET Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.